Honeymoon Period Over for Kamala Harris Polls Show Tight Race

[SheungWan]

important good news for Brits living in Thailand is that GBP is attacking the THB 53 hurdle.

not sent from my iPhone because i don't own one.

Glad to see you are a now seeing the relevance of charting...

What changed since our last bout on this subject?

55 hear we come. If they continue to scale back at 10b per month then we could quite easily see 60 over this period.

55/56 is a far bigger hurdle than 51 or 53.

But combine all the negative factors surrounding Thailand and the positive factors surrounding the US etc then it is quite possible.

A perfect storm.

http://www.investmentweek.co.uk/investment-week/news/2319948/taper-surprise-us-stocks-jump-as-fed-scales-back-qe

50 to 51 is a 2% jump.

55 to 56 is a 0.18% jump.

55 to 56 is not a 0.18% but a 1.8% jump

Oops! Indeed.

[Maestro]

mccw wrote on 2013-12-13 05:49:42

...(When I say delete all posts without links, I mean all posts not containing links or quotes of info which can then be followed up independently- ie this post or any like it are fine. The idea is for information only Thanks) Sent from my iPhone using Thaivisa Connect Thailand mobile app

The forum rules are that when you copy/paste text from another web site you must without fail give the link to the source. Posts not complying with this must be removed for legal reasons (intellectual property rights)

[mccw]

mccw wrote on 2013-12-13 05:49:42

...(When I say delete all posts without links, I mean all posts not containing links or quotes of info which can then be followed up independently- ie this post or any like it are fine. The idea is for information only Thanks) Sent from my iPhone using Thaivisa Connect Thailand mobile app

The forum rules are that when you copy/paste text from another web site you must without fail give the link to the source. Posts not complying with this must be removed for legal reasons (intellectual property rights)

My quotes are not from websites but from apps and there fore no link can be posted. I do state the source for those interested to check themselves.

Sent from my iPhone using Thaivisa Connect Thailand mobile app

[LOS14]

Could somebody please explain in simple terms why they think the resistance point for the GBP - THB will be at the 55/56 level?

[onewhowalkswithbuffalo]

Baht just hit 54 against the pound

[petermik]

Baht just hit 54 against the pound

More more more..............................please

[LivinginKata]

Link removed - Forum rule 31) Bangkok Post do not allow quotes from their news articles or other material to appear on Thaivisa.com. Neither do they allow links to their publications. Posts from members containing quotes from or links to Bangkok Post publications will be deleted from the forum. Please note that this is a decision by the Bangkok Post, not by Thaivisa.com and any complaints or other issues concerning this rule should be directed to them.

[mccw]

""""

The pound has hit its highest level against the US dollar for nearly two-and-a-half years amid Britain's buoyant economic recovery.

Sterling rose to 1.65 dollars, a level not seen since August 2011, as strong economic figures continue to provide a boost and spur expectations that the Bank of England will move to raise interest rates earlier than expected.

"""-

-sky news app

Sent from my iPhone using Thaivisa Connect Thailand mobile app

[chiang mai]

Conundrum:

http://www.telegraph.co.uk/finance/currency/10539579/Pound-will-be-safe-haven-currency-of-2014-says-Citigroup.html

http://www.telegraph.co.uk/finance/currency/10537583/High-pound-brings-fears-for-recovery-after-see-saw-year.html

http://uk.reuters.com/article/2013/12/27/uk-britain-markets-gilts-idUKBRE9BQ07M20131227

Edited December 28, 2013 by chiang mai

[rayongchelsea]

Safe haven currency - sterling?-really.

http://www.telegraph.co.uk/finance/currency/10539579/Pound-will-be-safe-haven-currency-of-2014-says-Citigroup.html

[mccw]

"""

A gunman has opened fire at opposition protesters in Bangkok, killing one person and wounding several others.

The shooting follows weeks of anti-government protests in Thailand as demonstrators seek to topple Prime Minister Yingluck Shinawatra.

The protests have triggered bloody clashes between police and demonstrators.

A protester died after he was shot in the torso and three others were taken to hospital with gunshot wounds, a spokesman for the city's Erawan emergency centre said.

Police have confirmed the shooting, but said its forensic team was unable to access the scene of the incident.

The shooting occurred where a group of protesters had camped overnight close to Government House.

Local media reports said the shots were fired from a passing car by more than one gunman.

"""

-sky news app

Sent from my iPhone using Thaivisa Connect Thailand mobile app

[LOS14]

"""A gunman has opened fire at opposition protesters in Bangkok, killing one person and wounding several others.The shooting follows weeks of anti-government protests in Thailand as demonstrators seek to topple Prime Minister Yingluck Shinawatra.The protests have triggered bloody clashes between police and demonstrators.A protester died after he was shot in the torso and three others were taken to hospital with gunshot wounds, a spokesman for the city's Erawan emergency centre said.Police have confirmed the shooting, but said its forensic team was unable to access the scene of the incident.The shooting occurred where a group of protesters had camped overnight close to Government House.Local media reports said the shots were fired from a passing car by more than one gunman."""-sky news appSent from my iPhone using Thaivisa Connect Thailand mobile app

[chiang mai]

Regardless of whether you like the writer/newspaper or not, here's one economists forecast for 2014. Be they right or wrong in their forecasts, at least they have the intellect to see the bigger picture and to extrapolate current events:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10546281/Great-dollar-rally-of-2014-as-Fukuyamas-History-returns-in-tooth-and-claw.html

[SheungWan]

Regardless of whether you like the writer/newspaper or not, here's one economists forecast for 2014. Be they right or wrong in their forecasts, at least they have the intellect to see the bigger picture and to extrapolate current events:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10546281/Great-dollar-rally-of-2014-as-Fukuyamas-History-returns-in-tooth-and-claw.html

The only thing missing is the accelerated melting of Arctic Ice resulting in a giant tsunami drowning the Home Counties.

So, Sterling up! London property up!

[Naam]

Regardless of whether you like the writer/newspaper or not, here's one economists forecast for 2014. Be they right or wrong in their forecasts, at least they have the intellect to see the bigger picture and to extrapolate current events:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10546281/Great-dollar-rally-of-2014-as-Fukuyamas-History-returns-in-tooth-and-claw.html

ol' Ambrose Evans-Pritchard is a second rate gloom&doomer who specialises in picking potentially negative news which he uses by attaching his personal views and "extrapolations".

none of his forecasts had any value, au contraire!

[chiang mai]

Regardless of whether you like the writer/newspaper or not, here's one economists forecast for 2014. Be they right or wrong in their forecasts, at least they have the intellect to see the bigger picture and to extrapolate current events:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10546281/Great-dollar-rally-of-2014-as-Fukuyamas-History-returns-in-tooth-and-claw.html

The only thing missing is the accelerated melting of Arctic Ice resulting in a giant tsunami drowning the Home Counties.

So, Sterling up! London property up!

I think it's helpful to take a helicopter view and to try and identify at least some of the components of the jigsaw puzzle, not everyone is able to do that, especially not the average TV'er who simply wishes and hopes for 70 but without any basis for it or associated logic. For example, the auther sees the threat of hostilities between China and Japan as a potential for stronger USD and also the threat posed by the debt levels in China, few people reading this thread would associate GBP/THB with those factors yet they are inextricably linked, heavily so,

[chiang mai]

Regardless of whether you like the writer/newspaper or not, here's one economists forecast for 2014. Be they right or wrong in their forecasts, at least they have the intellect to see the bigger picture and to extrapolate current events:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10546281/Great-dollar-rally-of-2014-as-Fukuyamas-History-returns-in-tooth-and-claw.html

ol' Ambrose Evans-Pritchard is a second rate gloom&doomer who specialises in picking potentially negative news which he uses by attaching his personal views and "extrapolations".

none of his forecasts had any value, au contraire!

You're all too ready to dismiss the input provided by UK economists as second rate yet you never seem to provide alternative reading and you never seem to provide your own "expert" input on the subject, why is that, Herr Naam?

[Naam]

Regardless of whether you like the writer/newspaper or not, here's one economists forecast for 2014. Be they right or wrong in their forecasts, at least they have the intellect to see the bigger picture and to extrapolate current events:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10546281/Great-dollar-rally-of-2014-as-Fukuyamas-History-returns-in-tooth-and-claw.html

ol' Ambrose Evans-Pritchard is a second rate gloom&doomer who specialises in picking potentially negative news which he uses by attaching his personal views and "extrapolations".

none of his forecasts had any value, au contraire!

You're all too ready to dismiss the input provided by UK economists as second rate yet you never seem to provide alternative reading and you never seem to provide your own "expert" input on the subject, why is that, Herr Naam?

input is not possible when it concern unspecified and unfounded assumptions like yours above. there is hardly ever a single subject ol' Ambros deals with. he is always presenting a potpourri of selected negative facts and spins his own story adding his forecasts always based on many "ifs". a little homework on Evans-Pritchard past writings reveals his value in Cents, not in Pounds.

i limit my own layman's input to established and veryfiable facts and i don't make forecasts... especially not those difficult forecasts which pertain to the future

[Naam]

here's a list (10 Google pages) of Evans-Pritchard's raving and ranting just on EU and the €UR, a clear proof of my claim above.

https://www.google.co.uk/search?hl=en&as_q=evans-pritchard+on+euro&as_epq=&as_oq=&as_eq=&as_nlo=&as_nhi=&lr=&cr=&as_qdr=all&as_sitesearch=&as_occt=any&safe=images&tbs=&as_filetype=&as_rights=

[chiang mai]

here's a list (10 Google pages) of Evans-Pritchard's raving and ranting just on EU and the €UR, a clear proof of my claim above.

https://www.google.co.uk/search?hl=en&as_q=evans-pritchard+on+euro&as_epq=&as_oq=&as_eq=&as_nlo=&as_nhi=&lr=&cr=&as_qdr=all&as_sitesearch=&as_occt=any&safe=images&tbs=&as_filetype=&as_rights=

A "clear proof" that you know how to search the web using google, nothing more, readers will form their own views on the value of the content and hopefully, not merely accept your word as gospel, on all matters financial!

But my question remains, you have almost never supplied published sources of contradictory or alternate opinion, regardless that the subject matter is not specific, the discussion is centered around a well understood central theme and we all understand that.

[Naam]

here's a list (10 Google pages) of Evans-Pritchard's raving and ranting just on EU and the €UR, a clear proof of my claim above.

https://www.google.co.uk/search?hl=en&as_q=evans-pritchard+on+euro&as_epq=&as_oq=&as_eq=&as_nlo=&as_nhi=&lr=&cr=&as_qdr=all&as_sitesearch=&as_occt=any&safe=images&tbs=&as_filetype=&as_rights=

A "clear proof" that you know how to search the web using google, nothing more, readers will form their own views on the value of the content and hopefully, not merely accept your word as gospel, on all matters financial!

But my question remains, you have almost never supplied published sources of contradictory or alternate opinion, regardless that the subject matter is not specific, the discussion is centered around a well understood central theme and we all understand that.

i never claimed that my word is gospel and of course i don't submit "sources" which continously publish unsubstantiated but biased gloomy opinions and forecasts which turn out to be wrong. there's ample evidence that Evans-Pritchard is one these sources.

fact: the gloom&doomers of the last 5 years were wrong and missed the boat of doubling or even tripling their holdings during that period. sooner or later they might be right because even a broken clock shows twice a day the correct time. but in the meantime the moderate optimists "made hay because the sun was shining".

[mccw]

Read the OP again please ladies.

This why I said "links only", no chit chat and other nonsense

Sent from my iPhone using Thaivisa Connect Thailand mobile app

[SheungWan]

Regardless of whether you like the writer/newspaper or not, here's one economists forecast for 2014. Be they right or wrong in their forecasts, at least they have the intellect to see the bigger picture and to extrapolate current events:

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10546281/Great-dollar-rally-of-2014-as-Fukuyamas-History-returns-in-tooth-and-claw.html

ol' Ambrose Evans-Pritchard is a second rate gloom&doomer who specialises in picking potentially negative news which he uses by attaching his personal views and "extrapolations".

none of his forecasts had any value, au contraire!

You're all too ready to dismiss the input provided by UK economists as second rate yet you never seem to provide alternative reading and you never seem to provide your own "expert" input on the subject, why is that, Herr Naam?

Ambrose Evans-Pritchard is an economist?

[chiang mai]

here's a list (10 Google pages) of Evans-Pritchard's raving and ranting just on EU and the €UR, a clear proof of my claim above.

https://www.google.co.uk/search?hl=en&as_q=evans-pritchard+on+euro&as_epq=&as_oq=&as_eq=&as_nlo=&as_nhi=&lr=&cr=&as_qdr=all&as_sitesearch=&as_occt=any&safe=images&tbs=&as_filetype=&as_rights=

A "clear proof" that you know how to search the web using google, nothing more, readers will form their own views on the value of the content and hopefully, not merely accept your word as gospel, on all matters financial!

But my question remains, you have almost never supplied published sources of contradictory or alternate opinion, regardless that the subject matter is not specific, the discussion is centered around a well understood central theme and we all understand that.

i never claimed that my word is gospel and of course i don't submit "sources" which continously publish unsubstantiated but biased gloomy opinions and forecasts which turn out to be wrong. there's ample evidence that Evans-Pritchard is one these sources.

fact: the gloom&doomers of the last 5 years were wrong and missed the boat of doubling or even tripling their holdings during that period. sooner or later they might be right because even a broken clock shows twice a day the correct time. but in the meantime the moderate optimists "made hay because the sun was shining".

You show a lack of respect for the wishes in the OP and for other posters by interjecting your own dialogue, nine times thus far in this thread without posting a single link to add value! The intent of this thread is for people to post links to related material and for readers to form their own views on the value of its content, or, not read it, as they so choose. I don't think it's a requirement that all authors and articles must be totally unbiased, nor is it a requirement that all content meet with your personal approval!

Now, may we please return to the intent of this thread, if we are unwilling to do that perhaps the OP will consider having it closed down.

[Rimmer]

Troll post of no use to anyone removed

[sbk]

Pointless bickering posts removed. OP you can keep it as on topic as possible but this is a DISCUSSION forum and as such it will happen. Lets drop the ceaseless bickering, thanks

[Hardened Spanker]

Could somebody please explain in simple terms why they think the resistance point for the GBP - THB will be at the 55/56 level?

There will always be resistance or support in any currency or commodity at a point that ends in a "5",there will be more resistance or support at a level ending with a "0".Apart from that it may be a Fibonacci level also?

If not then 56 really bears little relevance unless it is an intraday/week/month/year/multi-year high or low.

[mccw]

Pointless bickering posts removed. OP you can keep it as on topic as possible but this is a DISCUSSION forum and as such it will happen. Lets drop the ceaseless bickering, thanks

I thought one could open with an OP and then that was the guideline for the thread. If people want to discuss / bicker they should make a thread for that purpose. We all talked this subject to death already and its just the same people flogging the same dead horse opinions round in circles endlessly. Is just one thread in the whole of the TV forum free of BS too much to ask?

Sent from my iPhone using Thaivisa Connect Thailand mobile app

[mccw]

""""

House prices in the UK rose by the biggest amount in more than four years in December, according to mortgage lender Nationwide.

It measured a 1.4% increase in the month - its best performance since August 2009 - leaving annual growth in the year to December at 8.4%.

The surge, Nationwide calculated, raised the average house price to £175,826 but London continues to outperform the rest of the country.

Prices in the capital are now 14% above their 2007 peak with the price of a typical London home at £345,186.

The North of England remains the weakest performing region though each region achieved growth in the three months to the end of December.

The latest data will further fuel concerns that the second phase of the Government's Help To Buy scheme is only likely to raise prices but it appears it is helping the construction industry that was hammered by the financial crisis.

Official figures have shown that new home-building boosted Britain's construction industry in December.

It reported its second-fastest month of growth in more than six years - although it was slightly lower than the previous month.

Construction PMI fell to 62.1 in December from November's reading of 62.6, the index's highest level since August 2007.

And the upward trend looks set to continue. The number of people attempting to get on the property ladder using the Government's Help to Buy scheme has trebled in the last two months.

""""

-sky news app

An often repeated claim here is that we need a housing crash to make prices affordable and so adress the housing shortage- but actually such a crash would be accompanied by a servier tightening of credit so even if prices halved, most people still wouldn't be able to afford homes with no loans available and no new homes would be built for decades with out deregulation of standards.

The reason so few homes are built these days (other than planning restrictions) is because of all the regulations and green standards to be met mean the price to build is huge in the UK. "Affordable housing" has barely any money in it, which is why the cost has to be offset by allowing at least 80% of most developments to be more upmarket.

To get mass homes built needs either significantly higher prices supported by even cheaper credit, or deregulation of planning and standards.

I see no reason what we couldn't have a permanent "help to buy" scheme" supported by government money QE'd in to the system- (currently 20% of a homes value, but why not 50% or more?) with rather than interest starting at over the BoE interest rate after 5 years as at present , it could be a 30year fixed rate of 1% or even 0% + repayment; one deal like this for a persons main residence (not investment). This would be the best for economy and working people.

If anyone happens to know the PM you can pass along my details for more great ideas

(The above post is a contribution to the bla bla bla and chit chat nonsense some would like this thread to be all about)

Regards

Sent from my iPhone using Thaivisa Connect Thailand mobile app

[SheungWan]

Could somebody please explain in simple terms why they think the resistance point for the GBP - THB will be at the 55/56 level?

There will always be resistance or support in any currency or commodity at a point that ends in a "5",there will be more resistance or support at a level ending with a "0".Apart from that it may be a Fibonacci level also?

If not then 56 really bears little relevance unless it is an intraday/week/month/year/multi-year high or low.

Probably the biggest psychological resistance point was the yen breaking through the 100 'barrier', but it did nevertheless. For GBPTHB, the 50 so-called resistance point was broken quite easily. I would be more focussed on the USDTHB 35 psychological point. If that goes, then its also party time for sterling holders, but the mess on the streets might convince one otherwise.

Edited January 4, 2014 by SheungWan